AcornWealthCorp

NOC - Downward momentum short from $299.87 to 242.33

Short
NYSE:NOC   Northrop Grumman Corporation
NOC seems a nice short setup as it breaking down very nicely. It has lost of insider selling and has broken down all its moving average & now testing its 200 days moving average.
now If it breaks below it can continue much down to the 240 area.

* Trade Criteria *
Date First Found- May 6, 2018
Pattern/Why- Downward momentum short trade
Entry Criteria- $299.87
Exit Criteria- 1st Target $242.33, 2nd Target - Momentum
Stop Loss Criteria- N/A
Indicator Notes- Twiggs money flow deep into the negative side.
Special Note- Lots of insider selling. We would consider $280 November Puts

Please check back for Trade updates. (Note: Trade update is little delayed here.)
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at http://www.smartmoneytrading.com/now

Check out some of our free video examples @ https://ziblvrn8.pages.infusionsoft.net